Japan April PPI +0.9% y/y (expected +0.8%) & +0.3% m/m (expected +0.3%)
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Spain April final CPI +3.3% vs +3.3% y/y prelim
Prior +3.2%HICP +3.4% vs +3.4% y/y prelimPrior +3.3%The positive news is that core annual inflation is seen easing to 2.9%, down from 3.3% in the month before. The hope for the ECB will be for this trend to continue through to year-end. But we'll have to see, especially since monthly core prices have been on the up.
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Cleveland Cavaliers (0-0) at Boston Celtics (0-0) Eastern Conference Semifinals Game #1 5/7/24
After dispatching the Miami Heat in 5 games, the Celtics have been waiting for the Cavs and Magic to settle their series, which finished with a Game 7 on Sunday. The Celtics have been off for 5 days healing and resting up while the Cavs have had just 1 day off since closing out their first round series. The Celtics had a week off before Round 1 as they waited for the Heat to finish up in the play-in tournament. The Celtics won the series 2-1 between these two teams in the regular season. The...
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Nuggets, Pacers avoid 0-3 hole
The NBA champion Denver Nuggets roared back into their Western Conference semifinal series with Minnesota with a 117-90 victory over the Timberwolves on Friday as the Indiana Pacers clawed back a game against the New York Knicks.